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$ 209,000
Est. payment | /mo
1 Bed
1 Bath
$ 209,000
Est. payment | /mo
1 Bed
1 Bath
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 605211
Style Converted Motel
Bedrooms 1
Full Baths 1
HOA Fees $375/mo
Annual Tax Amount $941
Tax Year 2025
Property Sub-Type Condo
Property Description
Turnkey Investment Opportunity & Personal Getaway! Fully furnished, newly remodeled and decorated one-bedroom condo features a charming coastal theme. Looking for a profitable investment and personal use! Ideally located just two blocks from the beach, boardwalk, shopping, dining, and entertainment! Owners are allowed pets. This property is an excellent income producer with on-site management during summer season, making it effortless to generate revenue. Owners reserve 21-days for personal use during summer season, and unlimited personal use off-season. On-site summer rental program allows hassle free management and income. Owner decides if prefer to allow pets during summer rental season, at extra fee to renters, allowing additional income. Income for units during summer rental season known to gross $13-17,000+. Off season (Nov 1-April 15), is non-restricted opportunity to use yourself or known to rent for additional income of $4,200+. Property Highlights: • Fully furnished, move-in ready • Strong rental income • On-site summer rental management includes following amenities: • Pool with finished sun deck and gas grill • Guaranteed parking space • Beach tags on loan for tenants • On-site cleaning services • Laundry facilities on-site
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Interior
Heating Baseboard
Exterior
Parking Features None
Building
Story Two
Unit Location Pool View,Second Floor
Sewer Public Sewer
Water Public Water
Others
Senior Community No
Listed by CENTURY 21 ALLIANCE-O1O4J
Nearby Locations
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